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Posts Tagged With 'options trading'

Dividend CCCs Link

Over time my trading strategy evolved. I went from chasing high yield to chasing high options premiums and now I realized that it is all futile. And dangerous. So, I am now in a position that I am OK collecting a few dollars every month or week as these small payouts will compound and grow Continue reading →

Posted by Martin November 07, 2017

Capital One (COF) roll down and out

My original trade in COF is slowly turning against me. Today, COF dropped down by 2.36% and there is a higher chance that the selling may continue.   Although, the trade has 70% POP and 2 days to expiration I decided to move the trade out and down.   I am trying to spread my Continue reading →

Posted by Martin August 24, 2017

AMZN earnings play

UPDATE: August 24, 2017   After I rolled this trade in July, it all looked well until Amazon started selling. And it still struggles to hold the ground. As of today, the stock dropped to $941.43 and I decided to adjust my trade to keep the stock price a bit more centered in my Iron Continue reading →

Posted by Martin July 03, 2017

TECK strangle trade

UPDATE: July 03, 2017 (TRADE CLOSED)   We closed our put side July 14th 16.00 puts for 0.08 debit. This closes the trade for a total profit of 0.70 or $70 premium. This represents the gain of 4.24% for the trade in 42 days or 36.87% annualized profit.   UPDATE: June 16, 2017   Our Continue reading →

Posted by Martin June 28, 2017

TECK strangle trade #2

UPDATE: June 28, 2017   We have 2 days to expiration for this trade and our put side just closed for 0.02 debit:   BTC 1 TECK Jun30 16.00 put @ 0.02 debit   We still hold our Jun30 16.50 calls but they are now in the money. I do not expect the stock to Continue reading →

Posted by Martin June 26, 2017

STX Aug18 Iron Condor (ROTH IRA)

Our original STX Iron Condor closed today morning for a full profit of $40 dollars. Since the trade is closed, we can now open a new one.   I am placing a new Iron Condor in our ROTH IRA account:   BTO 1 STX Aug18 49.00 call STO 1 STX Aug18 47.00 call STO 1 Continue reading →

Posted by Martin June 26, 2017

New Iron Condor with STX in ROTH IRA

UPDATE: June 26, 2017 (TRADE CLOSED)   Today morning, our STX (Seagate Technology) June 30th 40.00 put strike closed for 0.04 debit. This closes our original Iron Condor completely and we can open a new trade (our calls closed at the beginning of the month for 0.02 debit so we only had puts on).   Continue reading →

Posted by Martin June 23, 2017

United Steel (X) trade adjustment

UPDATE: June 23, 2017   X is moving up (although I still believe that in the next ER they will miss badly again) but decided to roll my calls higher. In my previous trade (see below) I sold 18 strike puts to roll the calls up. Those puts were bought back for 0.05 debit today Continue reading →

Posted by Martin June 20, 2017

AGNC covered call (ROTH)

UPDATE: June 20, 2017 (TRADE CLOSED)   I didn’t expect to get early assigned on this but it just happened. At least, I do not have to wait until expiration to get assigned. Today, I bought back 100 shares of AGNC @ 22.50 a share.   This closes this trade cycle. I do not plan Continue reading →

Posted by Martin June 14, 2017

New Iron Condor using TECK in ROTH IRA

UPDATE: June 14, 2017   We rolled our June 30th 17 strike into November 17, 2017 expiration and 17 strike. We also added new call side creating a new Iron Condor:   BTC 1 TECK Jun30 17.00 put STC 1 TECK Jun30 15.00 put STO 1 TECK Nov17 17.00 put BTO 1 TECK Nov17 15.00 Continue reading →